COOKING OIL MINI CASE: Value Mart is a national grocery store chain that markets its own line of store-brand food products as a low-cost, high-value option for the cost-conscious consumer. Based on an evaluation of sales data from various product categories collected from scanners at checkout points, Value Mart has determined that there may be a market for a Value Mart brand cooking oil. In order to further explore customer preferences and potential marketing tactics, Value Mart has decided to conduct focus group sessions with Value Mart consumers. After conducting the focus groups, Value Mart decides to do a small-scale trial of a store-brand cooking oil exclusively at its stores in the New York area to see if consumers will buy the product.
-In the COOKING OIL MINI CASE, the sales data collected from scanners at checkout points constitutes ________.
A) external primary data
B) internal secondary data
C) mechanical primary data
D) internal primary data
E) external secondary data
Correct Answer:
Verified
Q64: PRICE SURVEY MINI CASE: Capital Clothing
Q65: PEN MINI CASE: United Writing Utensils is
Q66: PEN MINI CASE: United Writing Utensils is
Q67: PEN MINI CASE: United Writing Utensils is
Q68: PRICE SURVEY MINI CASE: Capital Clothing
Q70: Consumers are always aware of their decisions
Q71: PRICE SURVEY MINI CASE: Capital Clothing
Q72: Which of the following is NOT a
Q73: If samples are collected randomly from a
Q74: PRICE SURVEY MINI CASE: Capital Clothing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents